Time Machine
Saturday, March 14, 2009 at 1:29PM
Yeah, yeah, I know I'm a little behind in my posts, but I'm working on it.
I have to say it's a little disheartening to get our financial statements only to discover we've lost 12 years of investment time due to the recent stock market crash. The way I figure it, this cartoonist is going to be working on a "Freedom 85" plan. The average loss for many people with money in 401Ks and RRSPs is probably in the 30 per cent ball park. I have a friend who claims closer to 50 per cent.
In any case, it looks like the retirement plans of many people have been put on hold... indefinitely.
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